How to transfer a large amount of money
We all dream of having lots of money so that we can do what we want, whenever we want.
Holiday in the Mediterranean? Sure.
New car? Yes please.
The latest pair of trainers? No sweat.
Although it may not seem like it, there are some problems with having large amounts of money - especially if you want to send it abroad.
This is because sending a large amount of money abroad with your bank will expose you to high fees, which are often a percentage of the amount you’re trying to send.
For example, if you’re sending £2000 abroad to a friend or family member, you might expect to pay 7% of the amount as a bank fee. We can all agree that we’d rather not pay £140 as a transfer fee for this transfer!
Plus, when you transfer large amounts of money with your bank, you need to be aware of poor exchange rates. The exchange rate they offer might be up to 5% off what the real rate is. And you can guess where those hidden charges go - right into the bank’s pocket!
How can I transfer a large amount of money with low fees?
The safest way to steer clear of high fees when you’re sending a large amount of money abroad is by choosing a specialist money transfer provider that has low, flat fees for its international transactions.
Believe it or not, there are some very handy money transfer companies that charge a flat fee, no matter how you want to send abroad. Paysend is one of these money transfer companies.
With Paysend, it doesn’t matter how much you send - the transfer fee will always be the same. Paysend’s transfer fees are always locked at £1, $2 or €1.5, depending on where you’re sending money from.
This means that if you want to send £1000, £2000 or £3000 from the UK to over 100 countries worldwide, it’ll cost you only… you guessed it - £1 in transfer fees!!!! It really is that cheap!
Plus, Paysend offers excellent, competitive exchange rates, so you won’t be losing out with hidden fees.
So what are you waiting for? Sign up now, or download the Paysend app to start sending large amounts of money really cheaply!
To get started, head to the App Store or Google Play and download the Paysend Global Transfers app!
Eng soʻnggi xabarlar
If you’re sending money from Poland to family, friends, or loved ones in Ukraine, we’ve got good news for you.
Paysend is offering a special improved FX rate on all transfers from Poland to Ukraine until 31 July 2025. That means you get more Ukrainian hryvnia (UAH) for every Polish zloty (PLN) you send – helping your money go further when it matters most.
Chet elda muhojir sifatida yashash – oila bilan aloqada boʻlish, madaniy farqlarni boshqarish va moliyani boshqarish kabi, oʻziga xos qiyinchiliklarga yaratadi. Koʻpgina chet elliklar uchun eng muhim vazifalardan biri, bu – vatanga pul joʻnatishdir. Yaqinlaringizni qoʻllab-quvvatlash, toʻlovlarni toʻlash yoki maxsus bayramlarga hissa qoʻshish uchun boʻladimi, xalqaro pul oʻtkazmalari oson, ishonchli va tejamli boʻlishi kerak.
Buning uchun Paysend xizmatda boʻladi. Paysend sodda koʻrinish, xavfsizlik va tez ishlashga moʻljallangan soddalashtirilgan platformasi bilan chet elliklarga oʻzlari uchun muhim kishilar bilan moliyaviy aloqada boʻlishni har qachongidan ham osonlashtiradi.
